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OLLIE Banks was not surprised his Swindon Town debut was a nip-and-tuck affair after they edged to a narrow 1-0 home win over West Country rivals Forest Green Rovers on Saturday. Banks became Town’s first signing of the January transfer window on Friday after agreeing to join from Oldham Athletic on loan until the end of the season and was immediately named in the starting line-up by boss David Flitcroft against Rovers at the Energy Check County Ground. With local bragging rights as well as three precious points in League Two up for grabs, midfielder Banks had little doubt that a tense battle would play out at SN1. That was exactly what unfolded as Luke Norris poked home in the dying stages after a goalmouth scramble to ensure it was Swindon who took the spoils. “It was a local derby so it was never going to be easy, both teams don’t want to lose,” said Banks. “I thought we had the best chances and their keeper pulled off three or four very good … [Read more...] about Banks pleased to see Town cash in

Directors of Carillion were making a final rescue appeal to its lending banks on Sunday night after the Government refused to rescue the ailing construction group, taking it to the brink of collapse. Sky News has learnt that the company's board was meeting ahead of a last-gasp plea for financial support‎ from its syndicate of lenders, without which its collapse will be confirmed within hours.Carillion's banks were holding talks on Sunday night about the possibility of providing "tens of millions of pounds" of short-term support, according to insiders.:: Fears over hospital care as Carillion on brinkThe developments will fuel the uncertainty facing 19,500 UK-based employees of Carillion, which is a major contractor on the HS2 high-speed rail link and a string of new hospitals and schools across the country.Government sources said that emergency talks on Sunday concluded with John Manzoni, the permanent secretary at the Cabinet Office, announcing that Carillion would not receive … [Read more...] about Carillion appeals to banks as administration looms

The bank has also been honour­ed with the covete­d accola­de of ‘Best Islami­c Bank in Pakist­an’ 0SHARES Share Tweet Email Meezan received central bank approval to buy the local banking business of HSBC KARACHI: Meezan Bank has been awarded the global winner of ‘Best Islamic Retail Bank’ for 2017 by Islamic Finance News of REDmoney Group, Malaysia. This is the second time the bank has received this recognition. The bank has also been honoured with the coveted accolade of ‘Best Islamic Bank in Pakistan’, an award that has been conferred upon the bank for the 12th time owing to its strength in providing a wide range of Shariah-compliant banking solutions. Meezan Bank President & CEO Irfan Siddiqui said: “As we commemorate 15 years of Meezan Bank, it is truly humbling for us to be recognised as not only the Best Islamic Bank in Pakistan, but also the Best Retail Bank in the global Islamic banking … [Read more...] about Meezan Bank named ‘Best Islamic Retail Bank’

'We want make sure that bad people can’t use this curren­cy to do bad things' 0SHARES Share Tweet Email A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. PHOTO: REUTERS WASHINGTON: Dominant digital currency Bitcoin should not be allowed to become the Swiss bank account of the modern era used to hide illicit activity, said Treasury Secretary Steven Mnuchin. He pledged to work with other governments, including within the Group of 20, which includes the world’s major economies, to monitor the activity of those who invest heavily in the cryptocurrency. “One of the things we will be working with the G20 on is making sure that this doesn’t become the Swiss numbered bank account,” he said at a conference, referring to the famously secretive accounts used by some to hide ill-gotten gains. “We want make sure that bad people can’t use this currency to do bad … [Read more...] about Bitcoin should not become new Swiss bank account: Mnuchin

Punjab govt initia­tes reform­s to facili­tate invest­ors, improv­e countr­y’s standi­ng 0SHARES Share Tweet Email PHOTO: REUTERS LAHORE: Though Pakistan is placed at a dismal 147th rank out of 190 economies in the World Bank’s Ease of Doing Business index for 2017, India stands at the 100th place, setting off alarm bells for policymakers. India has managed to leapfrog to gain a place among top-100 economies by achieving a 30-spot improvement as it was at the 130th position in 2016. The critical support to this achievement came from eight types of reforms. World Bank puts $250m policy loan for Pakistan on hold To the contrary, Pakistan slipped three spots from the 144th place in 2016 despite implementing four reforms. Earlier, only the private sector looked perturbed about the lack of progress in the ease of doing business, but now the Punjab government is also trying to streamline things at its end in an attempt to … [Read more...] about Obsolete rules pull down Pakistan on World Bank’s rankings